If I Have Unfiled Tax Returns, Can I Still Pursue a Permanent Solution On My Tax Liability?
NO! The IRS is unwilling to resolve a liability for any taxpayer who is considered non-compliant with previous tax returns. Before attempting to work on finding a solution with the IRS, all previous unfiled tax returns must be filed. Once the tax returns have been filed, pursuit of a solution can begin.
With our advanced tactics we can possibly get a temporary hold and solution in place and then finish the returns and complete the process with a final solutions. But don't put off dealing with your tax problem any longer call us today for your Free Consultation!
For more information, visit our website at taxsolutions.net.
OR for a free consultation to get a better understanding on your particular case, click here and talk online with a Taxation Solutions representative now, make an appointment, or call 888-930-1016 toll free nationwide! Our team is available to take...
Recently, the IRS formally adopted the Taxpayer Advocate’s proposal, to renew the focus on protecting the rights of taxpayers in all of their dealings with the IRS.
We have broken them down the top 10 rights you have as a taxpayer.
1. You have the Right to be informed meaning you will be sent letters.
2. The Right to Quality Service
3. The right to pay no More than the Correct Amount of tax
4. The Right to Challenge the IRS’s Position and be heard.
5. The Right to Appeal an IRS Decision in an Independent Forum
6. The Right to Finality which means The IRS generally has three years from the date your return was filed to assess the tax and ten years from the assessment date to collect unpaid taxes from you.
7. The Right to Privacy
8. The right to Confidentiality
9. The Right to Retain Representation You may select the attorney’s, CPA, or enrolled agent of Taxation Solutions to represent you against the IRS. Then IRS cannot require that you to talk to...
Do you have back taxes that need to be filed? Are you currently using what is called the “ostrich approach” and burying your head in the sand when it comes to resolving your back taxes?
If so, you want to consider a few things before deciding to delay filing your back taxes:
The IRS is the biggest and most powerful debt collector in the United States and can pursue you for repayment through various means, including penalties such as financial fines and the adding of interest, confiscating personal property, and liens on bank accounts, wage garnishment and the possibility of criminal prosecution!
If you have back taxes that need to be filed, you should make filing them your number one priority!
Contact us today for a free consultation (281) 891-3950 on how we can assist you with settling your back taxes with the IRS.
It is easy to feel helpless when you receive that letter in the mail from the IRS saying that you owe money for back taxes or threaten with a lien placed against your property. But, as a taxpayer remember: you do have rights!
Here are two great tips of what you should do if the IRS says you owe back taxes.
What would be the first thing you would do if you got a letter from the IRS saying you owed let’s say $50,000 in back taxes? The normal and probable answer would be to PANIC! Panicking is a normal response, however panicking leads to rash decision making which is never a good thing. Stay calm and realize this: Just because the IRS says you owe a certain amount doesn't mean you actually do.
Procrastinating is by far the easiest way to have the IRS take your savings, garnish your paycheck or even take your home. The IRS is the biggest collection agency in the country and has far more reach than just posting something to your credit report. If you...
Are you still looking for your refund!
A lot of the identity theft in the news involves defrauding lending institutions by using Social Security numbers and other identifying information to open up credit cards or take out loans, thieves have also figured out how to get your tax refund before you. By using your personal information to file a return early in the tax season, the thief might just beat you to your own refund. IRS may be the one to tip you off – it is alerted to possible fraud when more than one tax return is filed using the same Social Security number, or a report of wages is filed from an employer that the taxpayer claims never to have worked for."
These days Tax refund theft is a lot more widespread than most people know,” said Barry Fowler, EA, an enrolled agent in Houston, TX. “People never knew that someone has filed a return using their name and information until their e-filed return is rejected with an error code stating that they have...